Finance Reform and Confirmation Hearings

Even veterans of election-year partisanship were surprised when a joint committee of the House and the Senate reached a compromise last week on finance reform. President Obama declared it the biggest restraint on Wall Street since the Great Depression, and said he wanted to sign it by the Fourth of July. We hear what's in the bill and assess its chances. Also, Elena Kagan’s Supreme Court confirmation hearing finally gets down to questions and answers. We also update General David Petraeus' confirmation hearing as commander in Afghanistan.

Banner image: US Supreme Court nominee Elena Kagan testifies on the second day of her confirmation hearings on Capitol Hill on June 29, 2010 in Washington, DC. Photo: Karen Bleier/AFP/Getty Images